~Exciting new price~~Registered Heritage Triplex offering strong income and future upside. Currently generating approx. 73k/yr (4.83 cap and over 6.2 with market rents) this character-rich property features spacious units with high ceilings, original wood floors, mouldings, and doors. All 3 suites have private entrances, and the home has 3 sep. hydro meters. Gas forced air serves the main and lower suites, with common laundry. The upper suite has electric heat and in-suite laundry. Grants are available for exterior maintenance. Off-street parking for 3 vehicles. Ideally located close to major bus routes, shops, and amenities, all within walking distance to downtown. Lovingly maintained with charming period details throughout. Excellent long-term tenants in place. There are 4 true bedrooms with closets and 2 additional rooms currently used as bedrooms without closets. Potential exists to expand the (now vacant) lower studio into a one-bed, creating additional value and income potential.
Appliances Included:
F/S/W/D
Exterior Features Of 1334 Johnson, Downtown, Victoria
Fencing: Partial
Lot Features Of 1334 Johnson, Downtown, Victoria
Cleared, Level, Rectangular Lot, Sloped
Listed by Pemberton Holmes Ltd..
More Details
MLS®: 1003546
Bedrooms: 4
Bathrooms: 3
Type: Duplex
Building: 1334 Johnson Street, Victoria
Square Feet: 2,915 sqft
Lot Size: 4,805 sqft
Frontage: 46.00 ft
Depth: 103.00 ft
Taxes: $5,443.14 (2024)
Parking: 3 Driveway
Fireplaces: 0
Year Built: 1912
Style: Character
Warranty: false